Premoney 43: Avvinue & Vinterre

Welcome to week 43! Two awesome companies this week as per usual. Also acknowledging a new-ish cadence of (semi) bi-weekly sends…this will likely continue for a tad longer as we get through a big push with Swapstack. Thanks for your patience and support :) On to the good stuff!

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This weeks companies:

Company: Avvinue

Founder: Nicole Caba

Raise Details: Raising a $1.2M pre-seed round with committed capital from: Remote First Capital, Backbone Angels and more!

Vertical: Consumer, Marketplace, Moving

Business Model Marketplace

1-Liner: Avvinue is an all-in-one moving & relocation marketplace that helps people plan, coordinate and finance their move anywhere in the world.

Description: As the world is becoming more remote, people are realizing that they can live where they feel most fulfilled. Avvinue helps people make that move stress-free with the guidance by connecting them with pre-vetted moving companies around the world.

Traction Indicators:

• Generated $150K+ in revenue since launching in March

• Signed 2 corporate clients with 600+ monthly relocations

• Built our user application, supplier and corporate portal

Company: Vinterre

Founder: Maxim Atanassov

Raise Details: Raising a $1.2M pre-seed round with committed capital from: Remote First Capital, Backbone Angels and more!

Vertical: Agriculture, Beverage, Climate, Community, Marketplace, SaaS,

Business Model B2B, B2B2C

1-Liner: From vineyard to glass, spend your time where it matters!

Description: Vinterre is a global, B2B, web-based SaaS for wine that connects wine producers - wine importers/distributors - wine buyers. We make the process of finding a customer/supplier and interacting with them super simple, streamlined and efficient. This leads to between 20% and 50% reduction in back office time that could be shifted towards front office activities like growing the business, finding new customers and building out the brand. We bring in depth domain knowledge in both the wine industry (have owned an exponentially growing wine import business since 2014), business (have founded and scaled a number of number of other companies with synergistic value to Vinterre) and technology (the team has worked for some of the preeminent software development firms in the world).

Traction Indicators:

• 10X ROI on customer subscription fees to Vinterre.

• 20-50% reduction in back office time

• Currently in Soft-Launch testing

That’s all for this week!

See you next :)